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PROCEEDINGS OF THE STOCKHOLDERS AT 
THEIR ANNUAL MEETING 
1357 

Charlotte and South Carolina Railroad Company 






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Digitized by the Internet Archive 

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http://www.archive.org/details/proceedingsofsto1857char 



PROCEEDINGS 



OF THE 



STOCKHOLDERS 



OF THE 



Cjjariotte $ Jbtttjj Crolitm 



RAILROAD COMPANY 



AT THEi 



NINTH ANNUAL MEETING AT COLUMBIA, S. C, ON THE FOURTH OF 

FEBRUARY, 1857; AND ALSO, THE ANNUAL REPORTS OF THE 

PRESIDENT, TREASURER, AND GENERAL SUPERINTENDENT. 



COLUMBIA, g. O/i 
STEAM-POWER PRESS OF R. W. GlBBES. 

1857. 



North 



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PROCEEDINGS 






OP THE 



STOCKHOLDERS 



OP THE 



Cjjarktte $ JWjj €m\vm 



RAILROAD COMPANY 



AT THEIR 



NINTH ANNUAL MEETING AT COLUMBIA, S. C, ON THE FOURTH OF 

FEBRUARY, 1857; AND ALSO, THE ANNUAL REPORTS OF THE 

PRESIDENT, TREASURER, AND GENERAL SUPERINTENDENT. 



COLUMBIA, S. C: 
STEAM-POWER PRESS OF R. W. QIBBES. 

1857. 



PROCEEDINGS. 



Columbia, S. C, February 4, 1857. 

At 11 o'clock, A. M., on motion of Samuel McAliley, Esq., Col. 
E. G. Palmer was called to the chair. 

On motion of Gen. J. A. Young, C. Bouknight, and W. A, Owens 
were requested to act as Secretaries. 

On motion of W. R. Robertson, Esq., it was 

Resolved, That a Committee of five be appointed to verify proxies, 
and report the amount of stock represented in the meeting. 

The Committee appointed consisted of the following gentlemen, viz : 
Messrs. H. Lyons, A. Douglass, Dr. Thomas W. Moore, J. L. Moore 
and Gen. W. H. Neal. 

On motion, the President read his Annual Report. 

On motion of W. R. Robertson, Esq. ^ the reading of the Reports of 
the Treasurer and Superintendent were dispensed with. 

On motion of W. R. Robertson, Esq., it was 

Resolved, That a Committee of five be appointed to whom the Re- 
ports of the President, Treasurer and Superintendent be referred to ex- 
amine and report thereon. 

The following gentlemen were appointed, viz : Messrs. E. J. Arthur, 
Chairman, J. Y. Mills, Wm. Harris, J. H. Boatwright and Col. T. J. 
Grier. 

On motion of Gen. J. A. Young, any officers and stockholders of 
neighboring Roads who may be present were invited to take seats in the 
Convention. 

On motion of A. C. Steele, it was 

Resolved, That a Committee of nine be appointed to nominate Direc- 
tors to serve for the ensuing year. 

The following gentlemen were appointed, viz : Messrs. A. C. Steele, 
Col. Wm. M. Grier, R. A. Springs, J. S. Wilson, A. Y. Brown, A. 
Douglass, Jas. McCrorie, Andrew Wallace and Andrew Crawford. 



A. C, Steele, from the Committee who were appointed at the last 
Annual Meeting to examine the Treasurer's accounts, submitted the 
following 

REPORT : 

The Committee appointed at your last Annual Meeting to examine 
the accounts of your Treasurer, submit the following Report : 

That they have examined all the vouchers of the Treasurer for the 
year ending 31st of December, 1856, and find them properly receipted 
and the amounts expended to correspond with the statements as pub- 
lished in his report j and also with the entries on the books of the Com- 
pany; that they find in his possession the stock and bonds as stated in 
his report. Respectfully submitted, 

A. C. STEELE, 
HENRY LYONS, 
S. S. McCULLY, 

Committee. 

On motion of J. Caldwell, the foregoing report was adopted. 

On motion of W. R. Robertson, Esq., the "Resolution referring to 
the eligibility of officers" was read by the President. 

The Chairman of the Committee (H. Lyons) on proxies reported a 
majority of the stockholders as represented in person or by proxy. 

On motion of J. Caldwell, the convention took a recess until 3 o'clock. 

3 o'clock, P. M. 
Convention convened according to adjournment. 
Hon. E. J. Arthur from the Committee appointed to examine the 
Reports of President, Treasurer and Superintendent, made the following 

REPORT: 

The Committee to whom were referred the Report of the President 
of the Charlotte and South Carolina Railroad Company, with the accom- 
panying Reports of the Superintendent and Treasurer, having considered 
the same, submit the following Report : 

As ^he Reports committed to our charge contain no special recom- 
mendations to the Stockholders, and present but few matters requiring 
the action of this Convention, your Committee deem it unnecessary to say 
more than that they have given the same as close an examination as the 
brief time allowed them would permit, and are gratified to state, that 
they have found them exceedingly accurate, clear, and intelligible, and 



that the expositions therein made of the present condition and future 
prospects of the Company are highly satisfactory and gratifying. 

The action of the President and Directors in relation to the purchase 
and laying down of the T rail, under the resolution passed at a meeting 
of the Stockholders two years ago, and modified at your last annual 
meeting, meets the approval of your Committee, as also does that of the 
President in relation to the purchase of slaves for the use of the Com- 
pany. Both are matters which we think may safely be entrusted to the 
discretion of the President and Directors, who will act as circumstances 
may dictate. 

There are also recommendations contained in the Report of the Su- 
perintendent which meet our approval, and deserve consideration \ but 
as they all seem proper for the action of the Directors, and do not appear 
to require any special consideration on the part of this Convention, your 
Committee have deemed it unnecessary to do more than recommend to 
the especial attention of the Board that portion of the Superintendent's 
Report which suggests the erection of a suitable passenger shed at the 
junction of our road with the South Carolina Railroad. The proper 
attention to the comfort and convenience of travellers will doubtless 
turn much of the travelling community in the direction of our road, 
and as the outlay will be but small, we have no doubt that the recom- 
mendation is judicious, and will meet the approval of the Board. 

The causes of the diminution of the receipts for freight during the 
past year, as compared with the preceding year, are too well known and 
obvious to require any comment from your Committee ; but it is scarcely 
to be anticipated that they can be of frequent recurrence. The antici- 
pations of the President in this particular we consider well founded, and 
confidently anticipate that the business of the road for the ensuing year 
will demonstrate their correctness. 

The opening of the connection between Raleigh and Charlotte, by 
means of the North Carolina Central Railroad, whilst it has no doubt 
increased the through travel on our road, has not as yet entirely realized 
our expectations of profit from that source. The completion of that 
road has opened a communication for trade and travel in another direc- 
tion, which formerly found their outlet only over ours. Notwithstanding 
this unfavorable result, we find there has been a steady increase of re- 
ceipts from passengers ) and it may confidently be hoped that when a 
proper schedule can be arranged with the North Carolina Railroad, so 
as to avoid the present detention, the most sanguine anticipations of a 
very great increase of travel on our road will be realized. 

The extraordinary exemption from casualties on the road during the 



6 

past year demands a passing notice at our hands. Taking into conside- 
ration the condition of the road at the beginning of the year, and the 
many difficulties our officers have had to encounter during that time, it 
bespeaks for them our highest encomiums and warmest praise. Safety 
to life and property entrusted to the care of our Company, as carriers, 
should be a primary consideration in the management of the road. No 
road can be successful or prosperous where these considerations are ne- 
glected, or made subordinate to the question of profit to the Stock- 
holders. They are enforced not only by the considerations of humanity, 
but also by those of a wise and judicious policy. 

The gratifying fact that no passenger on our road for the past year 
has sustained the slightest personal injury, and that during that time 
but little property has been lost or destroyed, furnishes ample evidence 
that our officers in charge of the road have been duly impressed with 
the correctness of the principle above expressed, and speaks volumes in 
praise of their good judgment, skill, and vigilance. 

Indeed your Committee feel that as to the entire management of the 
road since our last annual meeting they can safely challenge a compari- 
son with that of any other road in the United States without fear of 
the result; and they cannot close this necessarily hurriedand imper- 
fect report without paying a merited tribute to the efficiency, skill, and 
vigilance of your present excellent corps of officers. 

When all have discharged their duties so well, it may seem invidious 
to make any distinction; but, without intending to do so, your Commit- 
tee think that the great length of time during which one of your officers 
has faithfully served you, will justify a more special allusion to him — 
we refer to your present excellent and efficient Treasurer, Mr. C. 
Bouknight. His ability, energy, and zeal as an officer, and his urbanity 
and gentlemanly deportment as a man, together with the length of his 
service in the employment of the Company, justify, as your Committee 
think, this special notice, and claim our warmest praise and admiration. 
We congratulate the Company in having secured the services of so 
excellent an officer and so amiable a man. 

E. J. ARTHUR, Chairman. 

On motion of Hon. D. M. Barringer, the foregoing Report was 
adopted. 

Mr. H. Lyons, from the Committee to Verify Proxies, made the fol- 
lowing report : 



LIST OF STOCK REPRESENTED IN PERSON AT THE ANNUAL MEETING, 
HELD AT COLUMBIA, ON <THE 4TH DAY OF FEBRUARY, 1857. 

John H. Boatwright, 24 Shares. 

A. C. Steele, 125 

J. A. Young, 15 

W. M. Graham, . 15 

J. A. McCrory, 20 

R. A. Springs, 28 

W. S. Harris, 6 

E. J. Arthur, ......... 2 

J. W. Potts, 15 

T.J. Greer, 33 

Z. A. Greer,.... 196 

A. Douglass, 15 

A. B. Springs, 20 

E. J. Palmer, 55 

Win. Glaze, , J 10 

W. B. Bobertson, 40 

B. L. Bryan, 5 

Theo. S. DuBose, 60 

Do. as Administrator, 70 

A. B. Davidson, 209 

W. H. Neal, 26 

H. C. Brawley, 33 

Henry Lyons, 74 

T. W. Moore, 3 

J. S. Wilson, , 9 

A. B. Brown, 10 

Leroy Springs, 192 

J. C. Lyons, 55 

A. Crawford, 40 

A. Wallace, 20 

Dr. E. H. Fisher, . r . 10 

Samuel McAliley,....*. 50 

N. Wilkinson, 2 

M. A. Edwards, 2 

A. B. Taylor, 55 

J. Y. Mills, 54 

O. Z. Bates, 5 

Carried forward, 1603 



8 

Brought forward, 1603 Shares. 

John Caldwell, 163 

Sam'l McCully, 1 

C. T. Alexander, 15 

J, L. Moore, 5 

T. M. Chisolm, 3 

fm. Knox, 10 

N. Colvin, 12 

P. M. Brown, 40 

E. Avery, 10 

A. E. Hutchison,*, 11 

Andrew Springs, 26 

H. F. Broach, 4 

Robert Bryce, 10 

G. W. Broach, 3 

R. J. Adams, 2 

E. C. Wallace, 6 

Ira Parks, 3 

W. Boyce, 2 

John Massey, 11 

J. J. Price, 2 

Sam'l Bryce, 15 

Col. Barringer, 5 

J. N. McNah 34 

B. Knox, 4 

A. C. Squier, 7 

O. P. McCullough, 1 

C. S. McCullough, 1 

G. C. Gill, 1 

W. W. Neely, 1 

George Reid, 1 

C. Caldwell, 29 

W. Caldwell, 22 

W. Brice, * 11 

Robert White, Z 3 

J. F. Bigham, 7 

J. P. Ross, 1 

John Rigler, 3 

D. McCulloch, (self and trustee,) 23 

Sam'l Mobley, '... 50 

W hole amount of stock represented in person, 2161 



LIST OF STOCK REPRESENTED BY PROXY. 

J. Caldwell, for S. C. Railroad, 200 

Do. " J. Frazer & Co., 221 

Do. " J. F. Green, 46 

Do. " Prest. McCoy, 52 

Do. « C. T. Scaife, 20 

Palmetto Lodge, by W. S. Wood, 10 

J. H. Boatwright, for estate of J. S. Boatwright, 15 

A. C. Steele, for various persons, 612 

for W. A. Owens, 22 

W. M» Graham, for various persons, 24 

J. A. McCrory, for various persons, 866 

W. S. Harris, " " " 27 

E. J. Arthur, for City of Columbia, 1000 

Do. " M. Toland, ■. 20 

J. M. Potts, for J. L. Greer, 4 

S. McCully, for J. F. Marshall, 100 

Do.* " J. B. Frye, 1 

T. J. Greer, for L. Alexander, 4 

Z. A. Greer, for various persons, 40 

A. Douglass, « " " 60 

A. B. Springs, for trustee, 30 

Henry Lyons, for R. A. Yongue, 30 

Do. " J. S. Preston, 20 

Do. " J.Fisher, 22 

J. S, Wilson, for various persons,. 641 

Leroy Springs, for " " 75 

J. C. Lyons, for B. Reilly,.. 51 

A. Crawford, for trustee, 50 

JST. Wilkinson, for various persons, 3 

E. G. Palmer, for S. DuBose, 10 

A. R. Taylor, for various persons, 16 

M. Knox, by Wm. Knox, 10 

Wm. Knox, for Administrator J. Bradford, 2 

P. M. Brown, for various persons, 44 

A. E. Hutchison, for various persons, 32 

T. M. Alexander, for Edward Alexander, 2 



Whole amount of stock represented by proxy, 6425 

" " " " in person, 2161 

Total, 8586 



10 

Mr. A. C. Steele, from the Committee to nominate Directors, made 
the following majority report : 

For North Carolina. — Messrs. Win. Johnson, A. B. Davidson, J, 
H. White, J. A. Young. 

For York. — A. B. Springs. 

For Chester. — Samuel McAliley, H. 0. Brawl ey. 

For Fairfield.— -W '. R. Robertson, T. S. DuBose. 

For Richland. — Henry Lyons, A. R. Taylor. 

For ( ha. lestcn.^- John Caldwell. 

Col. Win. M. Grier, from the Committee to nominate Directors, made 
the following minority report : 

For North Carolina. — -Wm. Johnson, A. B. Davidson, Gen, W. H. 
Neal, J. A. Young. 

For York. — A. B. Springs. 

For Chester. — Samuel McAliley, H. C. Brawley. 

For Fairfield.— W. R. Robertson, T. S. DuBose. 

For Richland— -Henry Lyons, A. R. Taylor. 

For Charleston. — John Caldwell. 

Hon. D. M. Barringer moved that the reports be laid on the table, 
and the Convention proceed to the election of Directors, which was 
carried. 

On motion of W. R. Robertson, the Committee on Proxies was re- 
quested to act as managers of the election for Directors. 

On motion of W. R. Robertson, Esq., it was 

Resolved, That the meeting of the Stockholders should be held on 
Wednesday after the first Monday in February, at 10 o'clock A. M. 

On motion of same gentleman, the Convention took a recess until 7 
o'clock. 

7 o'clock, P. M. 
Convention met according to adjournment. 

Mr. H. Lyons, from the Committee of Managers of Election, made 
the following 

REPORT : 

The Committee appointed to count the votes for Directors of the 
Charlotte and South Carolina Railroad, held at an election this, the 4th, 
day of February, in Columbia, beg leave to report that the following 
persons, viz : 



11 

Wm. Johnson, H. C. Brawley, 

A. B. Davidson, T. S. DuBose, 

W. R. Robertson, Henry Lyons, 

J. A. Young, A. R. Taylor, 

A. B. Springs, John Caldwell, 

S. McAliley, 
received each four thousand four hundred and ninety-seven (4,497) 
votes, and J. H. White twenty-four hundred and ninety-seven (2,497) 
votes. The above named ge.ntlen.ien having received a majority, we 
hereby report them as duly elected. 

Respectfully submitted, 

HENRY LYONS, Chairman. 

On motion of A. C. Steele, the report was adopted. 

On motion of J. A. Young, a committee of five was appointed to 
examine the accounts of the Treasurer for the ensuing year, to consist 
of Robert Bryce, J. H. Boatwright, W. A. Owens, J. S. Wilson, 
George R. Hunter. 

Col. Wm. Grier submitted the following : 

Resolved, That hereafter the annual meetings of the Stockholders be 
held alternately at Charlotte and Columbia, the next meeting to be held 
at Charlotte, which resolution was debated by Col. Grier and Mcllwee 
in favor, and W. R. Robertson and A. B. Springs against it. 

On motion of A. B. Springs the resolution was laid on the table. 

Col. B. J. Grier brought up a motion to rescind the resolution in the 
reports of the last annual meeting referring to the place of holding the 
convention. Lost. 

On motion of R. B. Boyleston, Esq., it was 

Resolved, That the Directors be requested to provide, as far as prac- 
ticable, for the comfort and convenience of passengers at Chester and 
Winnsboro'. 

On motion of W. R. Robertson, Esq., it was 

Resolved, That five hundred copies of the proceedings of this Con- 
vention be published for distribution among the Stockholders. 

On motion of Mr. Wood, it was 



12 

Resolved, That all Stockholders and their families, attending the 
annual meetings, be allowed to pass to and from said meetings over this 
road free of charge. 

On motion of Mr. Harris, it was 

Resolved, That the acknowledgments are due, and are hereby tendered, 
to the President of this Convention, for the courteous, able, and digni- 
fied manner in which he has presided oyer its deliberations ; also that 
the thanks of the Convention be tendered to the Secretaries for the 
efficient manner in which they have discharged their duties. 

On motion of Gen. J. A. Young, the Convention adjourned sine die. 

E. a. PALMER, Chairman. 
C. Bouknight, Wm. A. Owens, Secretaries. 



ANNUAL REPORTS. 



PRESIDENT'S REPORT. 

To the Stockholders of the C. &. S. C. R. R. Co. : 

Gentlemen : Your President and Directors have the honor to submit 
the following Report of the operations of the road for the last twelve 
months, ending December 31, 1856. 

The earnings from freights have been, $174,458 05 

Amount received from passengers, 65,726 11 

Amount received from mail, 11,700 00 

Amount received from other sources, 4,157 47 



; *r 



Making total income, $256,041. 63 

From which deduct expenditures as follows : 

Maintenance of way, $71,401 71 

Motive power, 26,426 42 

Conducting Transportation, 33,285 71 

Loss and Damage, 2,445 31 

Construction and maintenance of cars, 9,483 48 

Machine shops, 15,059 60 

Making, 158,105 23 

Which taken from income leaves balance of $97,936 40 

From which fund the interest on the Bonds of the Company has been 
paid ; a dividend of 3 per cent, declared on the capital stock, and fifteen 
thousand seven hundred and ninety-six dollars and ninety-two cents ap- 
plied to Construction — leaving a surplus in the treasury of twenty thou- 
sand and thirty-nine dollars and forty-eight cents, which added to the 
balance of last year of sixteen thousand five hundred and forty-one dol- 
lars and eighty-two cents; gives a surplus of thirty-six thousand five 
hundred and eighty-one dollars and thirty cents still in the Treasury. 

Had not the amount required for Construction, been applied as 
stated, a dividend of six per cent, could have been paid out of the 
net earnings of the year — notwithstanding the extraordinary expendi- 
tures which had to be incurred in the Maintenance of Way. Experience 
has proved that it is cheaper to keep the bed and track of a railroad in 
a safe and sound condition, than otherwise. This is necessary, to save 



14 

machinery and motive power, ensure dispatch and safety, acquire pub- 
lic confidence and patronage — essential elements in the success of all 
corporations, and especially so, in regard to railroad companies. The 
Stockholders are aware of the condition of these at the beginning of the 
year, and of the recommendation of our late President, that a more 
liberal expenditure in this department would be true economy. This 
expenditure has, in a great degree, been met, and the general condition 
of the road much improved, with as fair economy as its urgency would 
justify in labor and materials. 

The natural decay of the timbers and wasting of the embankments, 
have, in a great degree, been restored. A train with a competent force, 
has been employed nearly all year, in ditching the cuts and widening 
the fills. Twenty-three miles of new track have been re-laid ; including 
three miles of T rail, and a large proportion of timbers in the balance of 
the old track renewed, from two miles above Winnsboro' to the Catawba 
river ; to accomplish which, in addition to the force necessary to replace 
the timbers, required an engine and train the greater portion of the 
year to transport the materials. 

During the year, $35,000 have been expended, in the purchase of 
timber, in the repairs and renewal of the road. Hence the cause of 
the increased expenses in this branch of the service. During the next 
year, not exceeding $15,000 will be required, to purchase all the lum- 
ber and timber needed for the road — $18,000, annually, expended for 
this purpose, will renew the entire track, every five years. Thus show- 
ing an extraordinary expenditure of $17,000 incurred in the " Mainte- 
nance of Way," independent of the cost of the transportation of the ma- 
terials and their application to the purposes of the road. 

In all other branches of the service, the expenses have been materi- 
ally diminished, except in the car department. This is owing to the 
fact, that a majority of the cars on hand, had experienced considerable 
service, and required repairs, and to the further fact that seven new 
platform cars, each of which, heretofore, cost $525, have been built at 
the Company's shops, and seven of the old Hacher cars, entirely re- 
newed in the wood work. To this department, a new shop has been 
added with its machinery ; two planers and a circular-saw, at a cost of 
$2,291, and experience has demonstrated that it will be the policy of 
the company hereafter to construct all freight and baggage cars required 
for its business. 

The stockholders will perceive, that while the receipts from passen- 
gers have increased over $5,000, there has been a decrease in the receipts 
from freights — making the aggregate difference between the present 



15 

and last year's income from these sources about $33,000. This was 
doubtless anticipated by the stockholders when they considered the 
general depressed condition of the country for the past year — its short 
crops of cotton and grain and the further fact, that over $20,000 of th e 
receipts of the last year were derived from the transportation of iron 
lumber and other materials, for the construction of the North Carolina 
Railroad. 14,419 bales of cotton, less than last year, have been carried 
over the road, causing a loss in freight of $12,000 from this article 
alone. 

The same causes, to some extent, will probably continue to affect the 
receipts for the next six months j but with an average crop the ap- 
proaching year, and the increasing developments of the resources of the 
country tributary to the road, the opinion is confidently expressed, that 
its income from both freight and passengers will continue to increase. 
Our machinery and cars had sustained much damage from the condition 
of the road and the severity of last winter ; and while the freight cars 
will require considerable repairs to supply deterioration and wear, with 
the skill and energy of the master machinist, our locomotives are gene- 
rally in good order, and all ready for service — a majority of them hav- 
ing undergone thorough repairs and only one having been thrown from 
the track during the year. Our trains, both passenger and freight, 
with the skill and prudence of the enginers, have run with regularity, 
and comparative freedom from casualties, not a single passenger of 
the 34,611 transported over the road during the year, having received 
the slightest injury, since your last annual meeting. 

By the President's report of last year the stockholders were advised 
that the surplus stock of iron on hand had been exhausted, and that 
the purchase of more would be required. Under a resolution passed 
by the stockholders two years since and modified at the last annual 
meeting, your Board of [Directors, authorized the purchase of 800 tons 
of T rails. The purchase was made through Messrs. Jno. Fraser & 
Co. at $62 21 cents per ton for Welsh iron delivered in Charleston. 
This has been paid for out of the earnings of the road and will be reim- 
bursed to the Treasury, when it is deemed necessary, by a sale of the 
Bonds of the Company, after a disposition of the old rails on hand and 
those yet to be taken up. Three miles of the T rail have been laid be- 
tween Bock Hill and the Catawba river and it is deemed expedient to 
lay the most of this iron, on that portion of the road. The chunk rail 
taken from this portion of the road will be sufficient for repairs of the 
balance of the track for two years or more ; thus rendering the company 
during that period, independent of the iron market. 



16 

According to a resolution passed at the last annual meeting, your 
Directors in the month of December, authorized the purchase of slaves 
for the use of the Company. Under this authority, but one has been 
purchased, as will appear by reference to the Construction account, ap- 
pended to the Treasurer's report. It is not deemed expedient to pur- 
chase many at present prices, yet it is believed they can occasionally be 
bought, at prices which will be remunerating to the company. 

The trestle at Winnsboro' has been filled, as also those at Columbia 
and Stark's completed. Your Superintendent made a contract for 
these works by the cubic yard, the company furnishing an engine and 
train of cars. The expense of this train and that of several other items, 
as will appear by his report, amounting to several thousand dollars, were 
legitimately chargeable to construction but have been placed to the 
general expense account. 

With these works completed — your road bed and track, in compara- 
tively a sound condition — -your engines in good order—the operations 
of the company can be conducted during the next year, with ordinary 
casualties, at much less expense. While seven miles of the T rail on 
hand, are to be laid in the spring, and that portion of the road about 
Blackstock's repaired, as well as that portion from the Catawba river to 
Charlotte, it is believed — supposing the income of the road to remain 
the same— that the amount of this years expenses can be reduced $30,- 
000, and ordinary contingencies provided for ; which amount, taken 
from the general expense account of this year, as stated, gives $128,105 
23, as the legitimate and ordinary current expenses of the year, less 
than fifty-one per cent, on the income. 

Accompanying this are the Reports of the Superintendent and Treasu- 
rer ; the one giving a more detailed statement of the operations of the 
year and the material condition of the road ; the other showing the cost 
of the Road and Equipments, the Treasurer's account current, with 
table of expenditures and the usual exhibits and statistics, to all of 
which the attention of the stockholders is invited. It is due to these 
officers to state that their energy and fidelity to the interests of the 
company have been untiring — to the agents and employees generally, 
that they have discharged their respective duties with fidelity ; and to 
the section masters that they have labored with industry and energy in 
their department. 

Respectfully submitted, 

WM. JOHNSTON, President 



fctod^ ^$&<?toia Stats Library^ 
Raleigh 



17 



TREASURER'S REPORT. 

A. — Cost of Road and Equipment, as stated in former reports, to 
tohich is added amounts expended this year, including purchase of 
800 Tons T Rail. 



AMOUNT 
PAID 1856. 



AMOUNT 
PREVIOUSLY. 



TOTAL COST TO 
JAN. 1, 1857. 



Graduation, Masonry, &c, 

Superstructure, 

Bridges, 

Cars and Engines, 

Office Expenses and Printing, 

Engineering, 

Real Estate and Land Damages 

Depot Buildings and Water Stations 

Salaries, 

Interest, 

Contingencies, 

Spikes and Chairs, 

Repairs, 

Machine Shops, 

Filling Trestles, 

Engine Houses 

Iron, 

Negro Hire, 

Negro property, 



1,547 16 
4,242 56 



336 00 
1,098 46 



1,991 15 
5,581 59 

50,457 08 

1,000 00 



492,153 21 

221,249 93 

110,967 28 

235,857 84 

4,608 71 

47,583 70 

48,675 96 

60,678 03 

18,734 62 

13,748 09 

1,971 07 

21,419 65 

1,315 50 

16,798 97 

35,757 49 

18,241 35 

355,334 46 

13,949 89 



492,153 21 

221,249 93 

112,514 44 

240,100 40 

4,608 71 

47,583 70 

49,011 96 

61,776 49 

18,734 62 

13,748 09 

1,971 07 

21,419 65 

1,315 50 

18,790 12 

41,339 08 

18,241 35 

405,791 54 

13,949 89 

1,000 00 



$66,254 00 1,719,045 75 1,785,299 75 



18 

A. — List of Payments on Construction Account during year 1856. 



DATES. 



1856. 
Jan'y. 



Feb'y. 



Mar. 



April. 



May- 



June. 
July. 

Aug. 

Sept. 

Oct. 

Nov'r. 
Dec'r. 



TO WHOM PAID. 



Scofield & Butler, 

David Renno, 

Wm. E. White, , 

Waring & Johnson,... 

Pat. Flaharty, , 

Scofield & Butler, 

Pat. Flynn'sCase,.... 

Sidney Redding, 

Moore & Byerly, 

Scofield & Butler, 

Jas. Rudesill, 

N. C. R. R. Company 

David Renno, 

S. Redding, 

Scofield & Butler, 

Pat. Flaharty, 

Jno. Ryan, 

David Renno, 

Jas. Jeffers & Sons... 

David Renno, 

Forrester & Beck, 

Geo. S. Shields 

Pat. Flaharty, 

Pat. Flaharty, 

Hopson & Sutphen,... 
Jno. Reilly, 

Pat. Flaharty, 

Pat. Flaharty 

L. Huntington, 

Pat. Flaharty, 

Pat. Flaharty, 

Jno. Fraser & Co...... 

Negro property, 



Cars, .. 
Bridges 



ON WHAT ACCOUNT. 



Real Estate, 

Depots, 

Trestles, .... 
Cars 



Filling Trestles, 

Depots, 

Bridges, 

Cars, 

Depots, 



Depots, . 
B idges, 
Depots, 



Cars, 

Trestles, .... 
Real Estate, 

Bridges, 

Cars, 



Bridges, 



Machine Shops,. 
Machine Shops,. 
Trestles, 



Trestles, 

Machine Shops, 
Machine Shops, 



Trestles,, 
Trestles,. 

Trestles,, 

Trestles,, 
Trestles,. 



Heavy Iron, 
Titus 



1,375 00 
311 20 

200 00 
79 30 
35 00 

400 00 

368 17 
42 00 

194 46 
23 00 

116 75 

811 54 
322 15 

48 87 

2,200 00 

70 00 

136 00 

346 72 

244 56 



372 63 

1,265 50 
564 
276 50 

500 00 
75 00 
85 94 



1,115 00 
400 00 

350 00 

1,000 00 
1,466 92 



TOTAL AMT. 



1,686 20 



714 30 



744 38 



1,182 56 



2,997 28 

372 63 

2,106 38 

661 27 

1,515 00 

350 00 

1,000 00 

1,466 92 



14,796 92 

50,457 08 

1,000 00 

$65,254 00 



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26 



G. — Transportation account of I 1 lour, Corn, Grain and Tobacco. 





BARRELS 
FLOUR. 


BAGS 
FLOUR. 


BUSHELS 

CORN. 


BUSHELS 
GRAIN. 


BOXES 
TOBACCO. 


From Charlotte to 

Junction, 

Columbia, 


10,431 

3,937 


19,592 

10,491 


771 

39,774 


14,200 

12,099 


16,328 
4,913 


From Fort Mills to 

Junction, 

Columbia, 


14,368 
1 


30,083 

61 

758 


40,545 

320 
10,639 


26,299 

1,273 
743 


21,241 

8 


From Rock Hill to 

Junction, 

Columbia, 


1 
1 


819 

48 
55 


10,959 
98 


2,016 

1,121 
268 


8 

8 
3 


From Chester to 

Junction, 

Columbia, 


1 

271 
500 


103 

501 
1,617 


98 
148 


1,389 

4,646 
319 


11 

26 
25 


From Blackstock to 

Junction, 

Columbia, 


771 
4 


2,118 

13 

88 


148 
9 


4,965 

19 
19 


51 
1 


From Winnsboro' to 

Junction, 

Columbia 


4 

1 

2 


101 

8 


9 


38 
4 


1 

10 
17 


From Ridgeway to 

Junction, 

Columbia, 


3 


8 
2 




4 

10 


27 

4 

8 






2 




10 


12 


Total, 


15,148 


32,234 


51,759 


34,719 


21,351 



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28 



I. — List of Officers and Employees in the service of the Charlotte 
and South Carolina Railroad Company, with the Salary or 
Wages allowed each, December 31, 1856. 

TRANSPORTATION DEPARTMENT. 



Wm. Johnston,... 

T. J. Sumner, 

C. Bouknight, .... 

S. H. Bailey, 

G. M. Calhoun,... 

Walter Scott, 

5 Hands, 

Joint Watchman, 

J. M. Powell, 

2 Hands, 

1 Watchman, 

A. K. Craig, 

1 Hand, 

M.Hall, 

2 Hands, 

John P. Lathan,.. 

1 Hand, 

J. W. Walker,..., 
W. T. Bobison,.., 

P. Murray, 

Watchman, 

5 Hands, 

W. P. Broach,..., 
1 Hand, 

B. F. Powell, 

1 Hand, 

A. H. Martin,... 

A. Graham, 

J. A. Sadler,.... 
Watchman, 

6 Hands, 

2 Passenger 

1 Freight 

4 Train 

6 Train 

Billy Fair 



President, 

Engineer and Superin't. 
Secretary & Treasurer,., 

Clerk to above, 

Agent at Junction, 

Clerk " " 



OCCUPATION. 



Agent at Columbia, 



Agent at Ridgeway, 

a a 

Agent at Winnsboro',.... 

Agent at Blackstocks, ... 

Agent at Chester, 

Book-keeper at Chester, 
Clerk at Chester, 



Agent, Rock Hill,... 
Agent at Fort Mills, 



Agent at Charlotte, 

Book-keeper, Charlotte 
Clerk at " 



Conductors, 

Hands, 

Messenger, . 



AMOUNT. 



8000 

1500 

1600 

58 

58 

50 

12 

1 

66 

12 

1 

300 
12 

600 
12 

300 
12 

800 
58 
40 
25 
12 

250 
12 

250 
12 

800 
58 
50 
25 
12 
60 
50 
17 
15 
18 



Per annum. 
Per annum. 
Per annum. 
Per month. 
Per month. 
Per month. 
Per month and 
Per day,S.C.R 
Per month. 
Per month and 
Per day. 
Per annum. 
Per month and 
Per annum. 
Per month and 
Per annum. 
Per month and 
Per annum. 
Per mouth. 
Per month. 
Per month. 
Per month and 
Per annum. 
Per month. 
Per annum. 
Per month and 
Per annum. 
Per month. 
Per month. 
Per month. 
Per month and 
Per month. 
Per month. 
Per month & lr 
Per month and 
Per month. 



found. 
,R. pays 
[h'f. 
found. 



found, 
found, 
found. 

found, 
found. 

found. 



f found, 
found. 



CARS DEPARTMENT. 



1 Carpenter,. 
1 Carpenter,. 
1 Carpenter,. 
4 Carpenters, 

1 Packer, 

1 Painter,.... 



On Repairs, 



Slaves,, 



2 


00 


1 


75 


1 


50 


20 00 


1 


54 


1 


25 



Per day. 

Per day. 

Per day. 

Per month and found. 

Per day. 

Per day. 



29 



MOTIVE POWER AND MACHINERY DEPARTMENTS. 



James Auuersou, 

2 Engineers, 

2 Engineers, 

1 Engineer, 

2 Engineers, 

1 Engineer, 

6 Firemen, 

4 Firemen, 

6 Firemen, 

2 Black 

4 White 

2 Machinists, 

1 Machinists, 

3 Apprentices, 

1 Apprentice, 

1 Boiler Maker, 

1 Blacksmith, 

1 Blacksmith, 

1 Blacksmith, 

1 Stationary 

g7b. wuig, 

John Rhodes, 

20 Hands 

J. Roseboro', 

15 Hands, 

Sec. 1, Jno. Jellico, ... 

4 Hands 

Sec. 2. M.Ryan, 

6 White 

Sec. 3, Hogan, 

7 White 

Sec. 4, J. Macken,.... 

7 Black 

Sec. 5. J. Fleming,.... 

5 Black 

Sec. 6, J. Ivey, 

5 Black 

Sec. 7, G. W. Hughes, 

7 Black 

Sec. 8, W.Green, 

6 Black 

Sec. 9, Pat. Anderson, 

6 Black 

Sec. 10, Pete Ryan,... 

5 Black 

Sec. 11, Pat. Hyland,. 

2 Black 

Sec. 12, T. Swords,... 

6 Black 

Sec. 13, Jno. Darrah,. 

6 Black 

Sec. 14, B. Connor.... 
6 Black,.. 



Master, 



Pump Minders, 



Striker, .. 
Engineer, 



100 


00 


100 00 


85 


00 


65 00 


45 00 


35 


00 


25 


00 


20 00 


35 


00 


12 


50 


20 


00 


2 


50 


2 


00 


20 


00 


15 


00 


2 


50 


2 


75 


250 


00 


20 


00 


12 50 



rer niouth. 

Per month. 

Per month. 

Per month. 

Per month. 

Per month. 

Per month. 

Per month. 

Per month and found. 

Per month and found. 

Per month. 

Per day. 

Per day. 

Per month. 

Per month. 

Per day. 

Per day. 

Per annum and board. 

Per month and found. 

Per month and found. 



WAY DEPARTMENT. 



Supervisor, 

Foreman, Track-layers,. 

Conductor timber trains, 



Foreman, Track 

Blacks, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 

Foreman, 

Hands, 



70 00 
85 00 
12 50 
50 00 
12 50 
32 50 
12 50 
32 50 

1 00 
32 50 

1 00 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 
32 50 
12 50 



Per month. 
Per month 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per day. 
Per month. 
Per day. 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 
Per month. 
Per month 



and found, 
and found. 

and found. 

and found. 



and found, 
and found, 
and found, 
and found, 
and found, 
and found, 
and found, 
and found, 
and found, 
and, found, 
and found. 



30 



SUPERINTENDENT'S REPORT. 

Office of Super't C. & S. C. R. R., 
Columbia, S. C, January 1, 1857. 
To the President and Directors of the C. & S. C. R. R. Go. : 

Gentlemen : I have the honor to submit the following Report of the 
operations in this department of the Road, for the fiscal year just closed : 

CONDUCTING TRANSPORTATION. 

The passenger service has been performed with regularity and pre- 
cision, and an entire exemption from accident, It is a fact worthy of 
notice that since the last annual meeting of the Stockholders, not an 
accident has occurred to the passenger trains, and not one passenger of 
the whole number transported, has received an injury. 

At Charlotte, our joint passenger house with the North Carolina 
Railroad is in process of erection and will be completed early in the spring. 
Its arrangements are admirably adapted to our mutual wants, and will 
add much to the comfort of passengers, as well as secure greater facility 
and econo i:y in the transfer of themselves and their baggage. By re- 
ference to the receipts from travel, it will be seen that, while the num- 
ber of passengers has increased only six hundred and forty-five (645) 
over the preceding year, the income from this source has been increased 
$5,440 — showing that this increase has arisen mainly from the through 
travel. It is confidently believed that with a faster schedule and closer 
connections, we shall get a still larger share of this travel. To provide 
for this increase, and to foster and encourage it, by offering increased 
facilities, I would recommend the adoption, at an early day, of a sched- 
ule with the North Carolina Railroad, avoiding the detentions existing 
at present; the building of a passenger shed, at the junction with the 
South Carolina Railroad, and the purchase of two first-class passenger 
coaches. 

The freight service has been performed with regularity and success. 
The casualties have been few. The damages have been light and easily 
repaired. In no case has the machinery sustained any material injury, 
and only once during the year has an engine, regularly engaged in this 
service, been thrown from the track. 

Every facility has been afforded to relieve the local and way stations 
of the incoming freights. And at the different agencies the business of 
the road has been conducted with accuracy and dispatch, and the inter- 
ests of the company carefully guarded. 



31 

The amount for loss and damages, charged in the current expenses, 
was incurred mainly upon claims accruing previously, but adjusted and 
settled during the year. -^ 

The freight depots and water stations, though generally in good con- 
dition, and all adapted to the wants of the service, have required some 
repairs and enlargements during the year. 

At Columbia, it was found necessary to enlarge the cotton platform 
and erect a shed thirty-five by forty feet, to afford better security and 
prctection to such articles of freight as could not conveniently be stored 
in the freight depot. At Kidgeway, a house has been built for the sta- 
tion agent, and the old one repaired. The floor and roof of the depot at 
Winnsboro', have undergone some repairs. At Blackstock's, a new and 
larger well has been dug ; brick foundations laid, and new and more 
substantial tank frames erected, and tanks of greater capacity put up ; 
thus relieving the company from the expense of keeping up the water 
station at Cornweirs. The well furnishes an abundance of water and 
the reservors are capacious enough to contain an ample supply for all 
the engines, and being situated at a central point of the road, provides 
against the deficiency of an element so important to the successful tran- 
sit of our trains. 

At Chesterville, the well has been deepened and re-curbed. It is 
designed during the next summer, to widen the embankment between 
the freight depot and water station, and to extend the turn-out and 
connect it with the main track near the well. This extension wil afford 
ample room for our business, and greatly facilitate and expedite the ope- 
rations at this agency. The old tanks at Lewis' Turn-out, have been 
taken down and others substituted. A new and more substantial tank 
frame, resting on brick foundation, has been erected at Elliott's pump, 
and larger pumps provided. The wells are in good condition and fur- 
nish an abundance of water for all the wants of the road. 

MAINTENANCE OF WAY. 

With all the economy it has been possible to exercise, consistent 
with the pressing wants of the service, the disbursements for operating 
the road, have been large. But you will observe, that while the expen- 
ditures for Maintenance of Way and Cars have increased, the expenses 
of operating the other departments have been materially diminished. 
You are aware of the general condition of the road-bed and track at the 
beginning of the year, and the urgent necessity there was, for immediate 
and heavy repairs; and, you doubtless anticipated an increased expen- 
diture on that account. 



32 

A great amount of labor has been performed, and an extraordinary 
quantity of material has been used, during the year, for the purpose of 
repairs, and the expenditures have thereby been considerably increased ) 
but these repairs have added greatly to the security and permanency of 
the road-bed and track, and, it is believed, that the increased expendi- 
ture, will be fully justified by the results, and will prove to have been 
a wise and judicious economy. 

It is of the first importance to the successful operation of any railroad, 
that the road-bed and track should be kept in the best possible condi- 
tion. To accomplish this desirable object, a train, with a competent 
force has been constantly and actively engaged during the year, ditching 
the cuts and widening the embankments ; and an organized force of 
twenty-five hands, has prosecuted the reconstruction and repairs of 
track, with energy and efficiency. The section forces have also per- 
formed an unusual amount of labor, in re-building and re-timbering their 
respective sections. Under this organization the road has been thor- 
oughly ditched, the embankments widened, the decayed timber re-placed 
by new, the joints of chunck-rails on the outside of curves secured by 
wrought iron chairs ) and it is gratifying to announce the road-bed and 
track, in a safe and sound condition. 

In organizing a force for the ensuing year, I shall dispense with the 
floating gang of twenty-five hands, that have heretofore been employed 
on renewal of track, feeling assured, that, with vigilance and atten- 
tion, the road can be kept in its present good condition, by the section 
forces on repairs. 

At the date of the last report, the renewal of stringer track, had 
reached two miles above Winnsboro'. Since that time nineteen 
miles of new stringer track have been laid, and three miles of 
cross-tie track with T rail, between the Catawba river and Rock Hill. 
In addition to this, a large amount of new track has been built by the 
section forces, and, between Chesterville and Tool's Fork, three-fourths 
of the whole distance have been re-timbered. The renewing force was 
not occupied exclusively in this service, but did heavy repairs, ditched 
the road and widened the fills between Youngue's and Chesterville, 
and assisted in re-building the trestle and embankment at Fishing creek, 
washed away by the freshet on the 10th July. 

The iron on hand being exhausted, and that on portions of the track 
rapidly deteriorating, it became necessary, in order to remedy, as early 
as possible, the injuries done to the rolling stock by the uneven surface 
thus produced, to purchase a new supply. In April, a contract was 
made with John Fraser & Co., Charleston, for eight hundred (800) 



33 

tons of T rail, weighing fifty-two (52) pounds per linear yard, to be 
delivered by the 15th August, The delivery was unavoidably delayed. 
It was not until about the 15th October that the first shipment was 
discharged at wharf in Charleston. On the 11th November, Captain 
Rhodes, with a force of twenty hands, commenced the laying of it, on 
the south side of the Catawba river, and in immediate connection with 
the old T iron. On the 20th December, when the frozen state of the 
road-bed and the severity of the weather caused a suspension of the 
work, the track had reached a point three miles from the river. This 
track well sustains the reputation of Captain Rhodes as a track -layer, 
and will compare favorably with any in the country. The cross-ties are 
of heart pine, eight feet long, ten by ten inches, placed two and a half 
feet from centre to centre, and the joints of the rails well se- 
cured by heavy wrought-iron chairs. The laying of the remainder of 
this iron will be resumed in the spring, when the weather and the road- 
bed will be more favorable for this kind of work, and the force necessary 
for this purpose, can be spared from the ditching and repairing sections, 
without augmenting the operating force upon the road. This iron — 
enough for about seven (7) miles it is designed laying between Rock 
Hill and Smith's Turnout, and ballasting the road-bed with the hard 
material from the cuts east of Steel creek. This section of the road 
passes through a pipe-clay formation ; the track is difficult to keep in 
order, and most needs renewal. 

The iron taken from the stringer track, has been partly used in 
replacing defective bars on other parts of the road, and the remainder 
with that yet to be taken up, will be sufficient to replace the defective 
bars for the next eighteen months. 

To keep the renewing and repairing forces constantly employed, re- 
quired the service of an engine and train most of the year, and an 
extraordinary outlay for cross-ties and stringers. By reference to the 
disbursements of the Treasurer, you will perceive that about $35,000 
have been expended for this purpose alone. 

During the year, the weather-boarding, roofing and repairs on Catawba 
river bridge, the new cut and track at Sharp's mill, the trestles at Stark's 
meadow and Smith's branch, have been completed ; the culvert at 
Winnsboro' built and the trestle filled. These trestles were filled by 
contract with Patrick Flaherty, at thirteen and a half cents per cubic 
yard for the two first, and fourteen cents for the latter, the company 
furnishing engine, engine runner and ten platform cars. There yet 
remains, two hundred and forty (240) feet of trestling at Killian's 
pond to be filled, and which can be done by the forces on repairs and 



34 

ditching. This embraces all the expenditure it will be necessary to 
make for constructions of this kind. The remaining trestling on the 
road will not exceed three hundred (300) yards in length, over streams 
that must be either spanned by bridges, or the trestles kept up. Those 
at Killian's pond and Rocky creek have undergone heavy repairs, and 
that over South Fishing Creek entirely renewed. The others are in 
safe condition, and with the necessary repairs will be good for several 
years. I would advise the straightening of the road at Tool's Fork, 
when it becomes necessary to renew the trestle over it. This can be 
done at a small cost, by the company's own forces, and will avoid a 
strong reverse curve on the trestle. 

In addition to the repairs and improvements made and already men- 
tioned are the following : The cast-iron chairs have been taken from 
the outside of curves on fifteen miles of track, and wrought iron flanged 
chairs substituted, giving very great additional security to the joints of 
rails ; culvert near Barhamville enlarged and rebuilt ; ends of four cul- 
verts rebuilt ; seven new platform cars built in the company's shops, 
and seven of the old Hacker cars completely renovated ; three hundred 
feet of new trestling put up ; new turn-outs laid at Hood's pump, 
Ride way, Winnsboro', and Adgers ) twenty-four cast iron gates put 
upon the switches. 

The completion of new cut and track at Sharp's mill, the cost of en- 
gine-man, and the repairs of the engine and cars engaged in filling the 
trestle, the enlargement of platform and the erection of shed at Colum- 
bia, and other items, amounting to $3,500, properly belonging to the 
construction account, have been charged to expenses, " believing it bet- 
ter to swell the expenses of operating the road, rather than fall into the 
error of charging to Construction for the purpose of shewing the small 
per centage of the earnings at which the road can be worked. " 

MOTIVE POWER AND MACHINE SHOPS. 

The Rolling Stock consists of thirteen Locomotive Engines and Ten- 
ders ; four first class and two second class passenger coaches ; three 
baggage or mail coaches ; eighty-nine box cars ; fifty platform cars ; 
six stock cars; seventeen repairing and two crank cars. 

The engines are all in good running order, and many of them have 
undergone thorough repairs during the year. The severity of last win- 
ter, the large amount of freight transported, and the impecfections of 
the road-bed and track, operated very seriously against the rolling 
stock, and threw an unusually large amount of work upon the shops. The 
promptness with which this has been done, and the reduced expenses 



35 

in operating this department, evince the skill and efficiency of the mas- 
ter machinist. The accompanying tabular statement, prepared by him, 
exhibits in detail the performance of each engine during the year, and 
the cost of repairs. 

Many of the freight cars from long usage, the natural wear and decay 
of the timber, require heavy repairs. Seven of them have been com- 
pletely overhauled. The cost of these, together with the building of 
seven new platform cars, and the repairs upon those engaged in filling 
the trestles, have added very materially to the expenditure for main- 
tainance of cars. With the facilities afforded by the machinery which 
has been added to the shops during the year, it will be the policy of the 
Company in future to build its own freight and baggage cars. The 
freight cars can be built of better material and at a saving of $125, per 
car, on the prices heretofore paid. 

The equipment of engines and freight cars is amply sufficient to do 
all the business of the road. 

With the reduction of the number of operatives, the present condi- 
tion of the motive power and track, and with an ordinary amount of 
casualties, I feel assured that, the expenses of operating the road for 
the next year can be very materially diminished, and the present value 
of the property of the company sustained. 

I am indebted to the subordinate officers and employees upon the 
road for the promptness and fidelity with which they have discharged 
their duties, and for the vigilance with which they have guarded the 
interests of the company. 

Respectfully submitted, 

T. J. SUMNER, 

Engineer and Superintendent; 
% 



36 



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1857 

Charlotte and South Carolina Railroad Co 
Proceedings of the stockholders of the C 



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Charlotte and South Carolina Railroad 
Company 

Proceedings of the stockholders at their 
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